Tier II & III cities in India are the Jobs hubs of the future and currently account for nearly 15 per cent of the jobs across key sectors, according to TimesJobs’ RecruiteX.
October 13, 2014: At a time, when PM Modi’s ‘Make in India’ initiative is emphasizing that the nation’s growth lies in semi-urban and rural segments, organisations are considering moving to these ‘job hubs of the future’. TimesJobs.com took a look at the scope and potential of some of the key locations, which are giving the big metro centres a run for their money.
According to the TimesJobs’ RecruiteX data, Jaipur, Chandigarh, Nashik, Lucknow and Ahmedabad are the major tier II & III cities that have featured in the list of the top ten hiring locations for the last one-year. These cities have witnessed a considerable 2-5 per cent increase in hiring in the past four months alone – more than in any of the metros.
“All factors seem to be working in favor of more jobs in smaller cities – crowded metros and high costs of infrastructure & living are driving companies to look at tier II & III for their availability of workforce at lower cost; Proactive governance, favorable policies, infrastructural development and investor friendly initiatives are further boosting prospects in these cities.” says Vivek Madhukar, COO, TimesJobs.com
TimesJobs.com presents snapshots of the key drivers and future potential of these emerging job hubs:
JAIPUR
Top hiring sectors
Travel & tourism, BPO, KPO, Financial Services and Mining Industries are the hot industries in the city.
In-demand profiles
Hiring is buoyant for support functions, including front office/administration, accounting & finance and HR. These account for 15 per cent of the total job postings in the city, according to the TimesJobs.com data.
Sought-after experience categories
Demand is maximum for junior/entry level professionals in the city. The 2-5 years experience category accounted for nearly 35 per cent of the total demand in Jaipur, reveals the TimesJobs.com data.
LUCKNOW
Top hiring sectors
Manufacturing & Engineering, IT/Telecom and Consumer Durables/FMCG and Real Estate are the top hiring sectors.
In-demand profiles
Hiring is buoyant for support functions, including front office/administration, accounting & finance and HR. Business critical functions such as sales/business development and marketing/advertising are the other sought-after profiles, accounting for nearly 14 per cent of the total job postings in the city, according to the TimesJobs.com data.
Sought-after experience categories
Demand is maximum for freshers and junior/entry level professionals in the city. The 0-2 years and 2-5 years experience category accounted for over 60 per cent of the total job postings in Lucknow, reveals the TimesJobs.com data.
AHMEDABAD
Top hiring sectors
IT/Telecom and Manufacturing & Engineering are the top employment generators in Ahmedabad.
In-demand profiles
Demand is high for mechanical, civil and IT engineers. Apart from this support functions including, sales/business development, marketing, IT/telecom, HR and BFSI are also in considerable demand in the city, according to the TimesJobs.com data.
Sought-after experience categories
Maximum demand is for freshers with 0-2 years of experience. The category accounted for over 50 per cent of the job postings in the city across industries and functional areas, according to the TimesJobs.com data.
NASHIK
Top hiring sectors
BFSI, IT/Telecom and Manufacturing & Engineering are the key employment generators in Nashik.
In-demand profiles
Demand is high for both core and support profiles including, sales/business development, BFSI and IT software. Sales accounted for nearly 20 per cent of the total job postings in Nashik, followed by BFSI with 17 per cent jobs, according to the TimesJobs.com data.
Sought-after experience categories
Over 70 per cent demand is for freshers with 0-2 years of experience, reveals the TimesJobs.com data. Demand for experienced professionals is high in the Engineering/Projects and Consulting sector.
CHANDIGARH
Top hiring sectors
Engineering, Manufacturing, Automobile and Banking are the top hiring sectors. According to the TimesJobs.com data these sectors account for nearly 15 per cent of the total job postings in the city. Besides, Real estate, Retail and E-commerce are other emerging industries.
In-demand profiles
Hiring is buoyant for support functions, including accounting & finance, front office/administration, and customer service/tele calling. These account for 15 per cent of the total job postings in the city, according to the TimesJobs.com data.
Sought-after experience categories
Demand is maximum for freshers, followed by junior/entry level professionals in the city. The 0-2 years experience category accounted for nearly 32 per cent of the total demand in Chandigarh, reveals the TimesJobs.com data.
The Outlook –
“These smaller cities have a lot of potential from the business perspective and job opportunities in the future seem exciting. The job markets in these regions are not yet fully explored and major sectors such as IT, BFSI, Construction, Real Estate, Consumer Durables are driving the job market and expansion in these upcoming job hubs.” summarizes Vivek Madhukar, COO TimesJobs.com